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Am I still liable to pay?
Hi,Ill try and keep this simple. Ill use initials for the companies for privacy. I recently bought a business in May of this year. The card machine I use was through a company Ill call CS. The processing side is through a company called TP. The contract for CS was signed for a renewal of 36th months in 2022. (Not by me) CS…
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Bank of Scotland starting to charge for Treasurer's / Association Accounts
My street self-governs and maintains the common areas by way of a small residents' association who set annual fees and collect payments from each house to cover costs. We've had a Bank of Scotland Treasurer's Account for over 20 years, and have received notice that they're changing us to a Community Account. With this…
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Wrong Address at Companies House!
Someone I know went out of business and they have started a new business however this time they have mixed up the address on Companies House, debt collectors appeared at their home forcing them to re-mortgage shortly after. I notice they are using the Postcode of their mothers house and a neighbours door number in our…
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Advise for setting up an online store and shipping
Hi We are a small size business and currently operate from units. Looking at setting up an online shop. We use a programme called Square for a till system and can create a shop through this. Type of products we are selling is small clothing packages (childrens sizes) Do i need to integrate a fulfilment programme to help…
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Best use of losses when closing a self-employed business
Hello, I am closing down an unincorporated business with losses in the tens of thousands. I would greatly appreciate some advice on how I can use these losses to minimise my tax bill. I appreciate I may need to pay for specialist advice, but I would like to understand what my options are first so that I know what to ask. -…
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Reliable and cheap provider of 020 number for business use
I'm looking for a supplier for an 020 London number that I can use for my business. I'm wanting this number to redirect to my mobile which I'm sure a supplier can offer. Any recommendations?
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Rent and business rates and VAT claims
I’m thinking of starting a business as a ltd company.If I rent of a premises at 50k ex vat, rateable value is 10k with 49.9p UBR in the £, and I make 100k in revenue what do I pay annually?Is it £50k+£10k VAT plus £10Kx49.9% = £64999Can I claim the 10k VAT back? / VAT back on all purchases made? Thanks
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Ai For Businesses
What do people think about the use of AI for businesses. I personally dont think the tools are there yet but i'm also torn between machines taking employees tasks off them.
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What's Your Priority With Your Card Payment Terminal?
When you look for a card machine what is your priority?
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Working From Home Focus
Hello you very wonderful and intelligent people that make up this forum. I sincerely hope everything is going well for you. I work from home a few days a week, doing affiliate marketing, building blogs, doing advertising through Google. I find when i go on my laptop my mind is full of thoughts, such as personal tasks i…
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eSim or 2 phones?
Hi Does anyone use an eSim to have a ‘work’ number and also keep their own personal number? Had a quick google and seems possible if you have a phone made in last few years. Does anyone have any experience using it? Specifically looking at how easy it is to switch between making calls from say work and then to personal, or…
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website design cost
thank you in advance, have been wanting to get a website for my business, nothing major or complicated, essentially for advertising. I got a quote for 1500 total ( including VAT) has anyone any experience rough costs and would a DIY website make a decent enough one? thanks again
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Cheap business email
Want to get a business email as gmail isn't considered professional apparently, what's the cheapest way?
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Payroll query
Hi, I started my company in April this year. I want to pay myself a salary of £12570. I started payroll late in May and paid myself for May onwards on a monthly basis. I did not pay myself a salary in April as I was waiting for things back from HMRC. So at the end of this year I will end up paying myself £11522 (1 month…
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Sole trader carries out same activity as his limited company
I have a problem with a limited private company
which owes me money and I have discovered that the director of this limited company
is running at the same time a sole trader company which has the same activity
as his limited private company I would like to know if this is legal and which law
could have been breached
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Mortgage Rates
Just wondering what people think will happen to the mortgages rates in the next few years? Do we think they will go down soon?
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Best way to get paid from a ltd company
Hi, sorry I have searched lots on this and keep getting confused so I am hoping for some concise information. My partner has set up a ltd company as she works as a chef through various agencies and they prefer that a ltd company just invoices them for payment, they dont deal with self employed / sole trader. The company is…
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Any good investment websites for spare limited company cash
Hello thanks for any advice in advance, have 1 year trading as limited company, took in A lot more cash than needed to withdraw as dividend/salary or use as expenses. what do people do with spare cash in limited company? buisness bank account not paying any Interest, Is there any investing websites people use or…
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VAT Guides
You used to be able to obtain hard copy guides from HMRC but I can’t seem to find a link to order these anymore. Does anyone know if these are still available? They were much more useful than having to read through online
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Starting a business - bank funding v private investment
If you were looking to start a buiness that involved needing to purchase some land and buildings up front, then development cost to turn them into premises, then an income stream from 6 months onwards, what are the funding options. Does it all need to be raised from private investment or will a bank say loan 50% or more of…